Bitcoin's recent price drop has sparked concerns about a potential bear market. However, a closer look at the charts reveals a different story. The RSI is oversold, indicating a potential buying opportunity. Additionally, the MACD is crossing over, signaling a bullish trend. It's essential to stay informed and adapt to changing market conditions.

Trader by day, techie by night. I trade and code.

Great analysis! The charts do indeed suggest a buying opportunity. Would love to see how the price reacts to support levels in the coming days.